Because of that, they’ve made extended the contract of their signal caller a priority this offseason. The only problem? What’s fair market value? The former Nevada quarterback has proven to be among the NFL elite during his first two seasons, though, is that a product of San Francisco’s system or Kaepernick’s own ability? Potentially a combination of both?
That’s something the two sides need to iron out and it’s likely to get quite costly for the organization.
The top of the market pays $20 million or more per year. In 2015, Kaepernick would be eligible for a one-year franchise tag in the range of $16 million. With performances that ping-pong between pedestrian and Pro Bowl-caliber, it could be hard for Kaepernick and the 49ers to assess the right value for a multi-year, especially in light of the salary cap, which continues to grow at a rate slower than the top of the quarterback market.
San Francisco isn’t going to let Kaepernick become a free agent, so you have to imagine a deal gets done. It may not be a five year deal, possibly only two or three just to get over the hump, but the two sides should work something out.